Insight into the Canadian economyCanada is back on track. After real GDP growth of less than 2% in 2015 and 2016, it looks set to pick up to around 2.5% this year and next. A Bank of Canada survey showed the share of businesses planning to increase capital spending was nearly the largest in a decade.

A year of growth We think 2016 will actually show growth very similar to 2015. Some of the positives include consumer spending aided by higher income and wages and low gas prices, housing and other types of construction spending.
And we think state and local and even the federal government that recently passed a budget will add a little bit of economic stimulus.

Market Insights

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